billy mcfarland says he's a new man, promoting a new business venture. is it another con?silly, but i had no logistical experience, i couldn't understand or predict the problems that were going to happen. looking back now, i would have told myself a hundred times to stop and cancel. i just didn't know what i was doing. >> reporter: billy mcfarland, entrepreneur, investor, con man, scammer. why do you want to do this interview now? >> first off, super nervous, one of my first times speaking live about everything that happened. excited to talk about before we do, i want to make it clear i was totally wrong and it was terrible. so i let a lot of people down and it's my mission to make it up to you guys. >> reporter: the man who brought the world the fyre festival. >> there was no bathrooms, running water, nothing. >> reporter: is out of prison and ready for his next big project. >> my goal is to pay people back and learn what i'm good at, make a positive impact. >> reporter: raised in new jersey, entrepreneurial spirit from a young age, launching ventures in new york city, le

my interview with the man behind the infamous fyre festival, billy mcfarland.ollowing his release from prison talking about his time behind bars being called the ultimate con man and how he plans to pay back the millions he still owes. >> i started lying to get the money and i would literally wake up every day to a document that we called urgent payment sheet and had an amount of money i had to acquire before the bank closed that day to stop the company from going underwater and so i was literally day by day doing whatever it took and looking back, it was so incredibly stupid. >> the fyre festival promised pristine waters, beautiful people, luxury accommodations and a-list entertainment, but when festivalgoers arrived they were met with disaster tents, soggy sandwiches and chaos. >> an absolute disaster. >> reporter: behind it all the then-25-year-old ceo and co-founder billy mcfarland. a lot of people consider you to be the ultimate con man. what do you consider yourself to be? >> i was wrong so i messed up and i was so driven by this desperate desire to prove

sending the man behind it, billy mcfarland, to prison.ut on supervised release and telling his story to michael strahan. >> a lot of you consider you the ultimate con man. >> i was wrong. i messed up. i was so driven by this desperate desire to prove people right. i thought the only way to prove myself to them was to succeed. that led me down this terrible path of bad decisions. >> coming up at 7:00, much more of this exclusive interview. with your gma first look, and rhiannon allie. reggie: a bay area celebration for a favorite. ike 's sandwiches opened up 15 years ago in the castro district. yesterday was also national sandwich today. to celebrate, they are featuring two sandwiches from the first menu at throwback prices of $7.97 through sunday. ike's nearly has two 100 locations in six states. kumasi: now to bart's celebration. bart tweeted the pictures of the plates that they are selling along with the message. you have to see it. it says you have a transit lever a piece of bart history. these authentic number plates are from decommis

billy mcfarland, sir.in prison, the festival attendees who were promised luxury accommodations and gourmet food , ended up with fema tents and soggy sandwiches. mcfarlane admits he should have stopped lying. he spoke with g m a. s michael strahan. a lot of people consider you to be the ultimate con man. what do you consider yourself to be? i was wrong, so i messed up and i was so driven by this desperate desire to prove people, right? i had these early investors, backers employees. and i think i was just so insecure that i thought the only way to prove myself to them was to succeed. and that led me down. this is terrible path of bad decisions. later on . good morning america. he talks about his new venture. coming up what former lottery winners are saying about the powerball jackpot. two cities two games, jackpot. two cities two games, two very different results. ♪ ♪ this year take the time to melt into your holiday moments with lindor. ♪ ♪ irresistibly smooth chocolate. from the lindt master chocolatier.

billy mcfarland, disgraced founder of the infamous fire festival coming clean. >> i would like to apologize